Smart MLS #24069261
65 Shaw St,
New London, CT 06320
Deposit / Show
Multi-Family Home$649,900
5 Units · 3557 Sqft
Investors, don't miss this solid value-add opportunity in new london! located at 65 shaw street, this 5-unit multifamily property consists of two buildings: a 3,125 square foot, 4-unit main building and a separate 432 square foot studio unit, which is residential but is also zoned commercial, offering additional potential. the asset performs at a 7.79 cap with no vacancy, with strong upside to run at a 9.03 cap fully stabilized. you will have a mix of 2 bedrooms, 1 bedrooms and a studio unit. two units have been fully renovated, one partially renovated, and two are ready for updates, creating a fantastic opportunity for any value-add investor. situated in an area with strong rental demand and steady job growth, this property is perfect for expanding your portfolio.
Map
Listing
Market Stats
- List $649,900
- 80 Days on Market
Real Estate Agent
Details
Building
- Built 1900
- 5 Units
- 7 Beds
- 5.00 Baths
- 0 Fireplaces
- Full Basement
Sqft
- 3557 Total Sqft
Lot / Land
- 0.21 Acres
- 900 Neighborhood
- Corner Lot
Utilities
- Hot Water
- Public Water Avail
- Public Sewer Avail
Taxes
- Assessment $251,200
- Mill Rate 27.50
- Taxes $6,908
- Parcel Num 1999666
Schools
Elementary
- Harbor
High
- New London
Mortgage Calculator
- 30yr Fixed-Rate Loan
- 6.83% Interest
- Purchase Price $649,900
- Down Payment $129,980 (20.00%)
Estimated Payment with
30yr Fixed Rate Mortgage
30yr Fixed Rate Mortgage
Monthly
$3,976
$3,976
Monthly Est. $3,976
Yearly Est. $47,707
30yr Est. $1,431,199
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This real estate listing for sale at 65 Shaw St has 7 bedrooms, 5.00 bathrooms, and was built in 1900. It is located in the New London, Connecticut area with the 06320 zip code. For more info about the property at 65 Shaw St, New London, CT 06320 United States or if you would like to schedule a showing, please contact the listing agent above.
Disclaimer: This data was sourced from Smart MLS and was last updated 2025-03-28 12:02:26. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.
Disclaimer: This data was sourced from Smart MLS and was last updated 2025-03-28 12:02:26. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.